International Debt Statistics 2013

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Abstract

International Debt Statistics (IDS)
presents data and analysis information on the external debt
of developing countries for 2011, based on actual flows and
debt related transactions reported to the World Bank Debtor
Reporting System (DRS) by 128 developing countries. It
replaces Global Development Finance, which has been
discontinued, and provides users with comprehensive stock
and flow data on the external debt of individual developing
countries and or regional and analytical groupings. As a
service to users international debt statistics also set debt
flows within the broader framework of aggregate net capital
flows (debt and equity) to developing countries and includes
a summary analysis of trends in 2011. The remainder of the
overview is organized as follows. Section one analyze the
key factors driving the evolution of developing
countries' debt stocks and flows in 2011. Section two
describes recent trends in external debt flows to developing
countries, including the financing pattern of different
categories of creditors and the concentration of flows in
specific countries and country groups. Section three
examines the remarkable growth of private nonguaranteed debt
over the course of the decade and the parallel
diversification of borrowing instruments available to
developing countries' private sector borrowers. Section
four assesses the level of developing countries'
external debt, measured in relation to key macroeconomic
variables, notably Gross National Income (GNI) and export
earnings. Section five summarizes trends in aggregate net
capital flows, debt and equity, to developing countries in
2011. Section six distills the main messages for 2011 and
the first half of 2012 from the information reported to
Quarterly External Debt Statistics (QEDS) and Public Sector
Debt (PSD) databases for developing and high income
countries. Annex A provides users with a short overview of
the coverage and content of the QEDS and PSD databases and
annex B summarizes trends in lending by the World Bank (IBRD
and IDA) in 2011.